Low Latency Tops Bear Stearns’ Plans

FRONT PAGE: TRADING FLOOR TECHNOLOGIES

NEW YORK—The need for low-to-zero latency for speed-conscious operations, such as algorithmic and program trading, will play a major role in Bear, Stearns & Co.’s current review of several key trading technologies.

The firm is setting its infrastructure strategy for the next five-to-seven years, and the Reuters Market Data System (RMDS), direct access systems, Linux and blade servers will come under serious scrutiny over the coming months, says Peter Esler, managing director and global head of

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